Duncan Kreeger, chairman of West One Loans, explained: “It’s hardly surprising the pace of growth is slowing. Last year and the first quarter of this year were a golden spell for bridging. The rate of growth we saw over that period was never likely to be sustained over the long term. But that’s not to say the bridging market is running out of steam. Far from it. We believe it’s still someway off reaching its peak. The industry is maturing and entering the next phase of its evolution. It’s beginning to attract a more up market class of buy-to-let investor who, despite being credit worthy, often struggles to meet the increasingly tough lending criteria demanded by high-street banks.”

West One Loan Ltd is authorised and regulated by the Financial Conduct Authority. Firm Reference Number: 510024. West One Secured Loans Ltd is authorised and regulated by the Financial Conduct Authority. Firm Reference Number: 776026. Certain types of loans are not regulated, for example loans for business purposes or certain buy-to-lets.

West One Secured Loans Limited is a member of the Finance and Leasing Association (FLA).The FLA Lending Code can be found at www.fla.org.uk.

West One Loan Ltd is registered with the Information Commissioners Office.Registration Number: Z2651210.West One Secured Loan Ltd is registered with the Information Commissioners Office.Registration Number: ZA280381.West One Development Finance Ltd is registered with the Information Commissioners Office.Registration Number:ZA362893

West One Loan Ltd is registered in England and Wales. Company Number: 05385677. West One Secured Loans Ltd is registered in England and Wales. Company Number: 09425230.West One Development Finance Ltd is registered in England and Wales. Company Number: 11242570. Registered Office Address for these companies: 3rd Floor, Premiere House, Elstree Way, Borehamwood, Hertfordshire. WD6 1JH THIS IS FOR PROFESSIONAL INTERMEDIARY USE ONLY AND MUST NOT BE SHOWN OR DISTRIBUTED TO POTENTIAL CUSTOMERS